The three key issues for commercial parties to consider when entering into a contractual relationship in terms of dispute resolution (or jurisdiction) clause include:
(1) the most appropriate type for dispute resolution,
(2) the seat of arbitration in case it is so selected, and
(3), the adoption of procedural rules.
In Morgan Lewis’ 2018 Guide to Arbitration in Asia, the case where arbitration is favored and various arbitration related discussions are provided in a Q&A section with our two Singapore-based partners K Minh Dang & K Nguyen Do from our litigation/ arbitration practice.